{ "ticker": { "uuid": "8a7306c1-87c9-4521-8b83-5e5714e59ef5", "symbol": "CLMT", "name": "Calumet Specialty Products Partners", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 66.079, "architecture_energy": 77.093, "architecture_maturity": 77.523, "architecture_confidence": 83.772, "architecture_tenure": "Extended", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 7.16, "rotation_up": 76.1, "upward_expansion": 93.33, "deceleration": 43.01, "rotation_down": 10.53, "downward_expansion": 17.66 }, "activity_lines": [ 41.624, 39.763818, 37.267571, 35.389634 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 39.48, "trend_reference": 32.386167, "distance_from_trend": 0.219039, "trend_direction": "Improving", "fair_value": 21.300092, "distance_from_fair_value": 0.853513, "fair_value_direction": "Improving", "relative_strength": 32.209258, "relative_strength_direction": "Improving", "price_momentum": 0.567289, "excess_performance": 0.379835, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.219039, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.237412, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.853513, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.179092, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.322093, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.044393, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.567289, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.106457, "read": "Demand-led" } ], "volume": { "latest": 7356263, "relative_activity": 1.396899, "balance": 1.106457, "dry_up": 1.225974, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.090854, "annualized_volatility": 0.494293, "from_high_reference": -0.126549, "from_low_reference": 2.052184 }, "levels": { "trend_reference": 32.386167, "fair_value_reference": 21.300092, "structural_low": 24.97, "invalidation": 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35.515455, 34.183524, 32.42557 ] }, { "date": "2026-07-17", "close": 42.83, "volume": 8572663, "typical_volume": 5455181.25, "trend": 30.177833, "fair_value": 20.720283, "relative_strength": 56.170144, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.095284, "energy": 84.511887, "activity_lines": [ 38.939333, 37.005455, 35.13119, 33.290376 ] }, { "date": "2026-07-24", "close": 41.69, "volume": 5184796, "typical_volume": 5287929.35, "trend": 30.911167, "fair_value": 20.916262, "relative_strength": 52.176824, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.203358, "energy": 84.525632, "activity_lines": [ 40.406667, 38.092727, 35.894714, 34.033097 ] }, { "date": "2026-07-31", "close": 44.19, "volume": 4710880, "typical_volume": 5232079.9, "trend": 31.7325, "fair_value": 21.131759, "relative_strength": 57.684799, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.246314, "energy": 90.395078, "activity_lines": [ 42.104, 39.447091, 36.842571, 34.889796 ] }, { "date": "2026-08-07", "close": 39.48, "volume": 7356263, "typical_volume": 5266137.95, "trend": 32.386167, "fair_value": 21.300092, "relative_strength": 32.209258, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.079018, "energy": 77.092715, "activity_lines": [ 41.624, 39.763818, 37.267571, 35.389634 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }